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Against a backdrop of gas prices exceeding $4 a gallon in many U.S. cities, Ceres hosted a face-to-face media availability and roundtable discussion on the economic benefits of strong fuel economy and emissions standards with California Air Resources Board (CARB) chair Mary Nichols and institutional investors.

OAKLAND, CA
May 13, 2011

Against a backdrop of gas prices exceeding $4 a gallon in many U.S. cities, Ceres hosted a face-to-face media availability and roundtable discussion on the economic benefits of strong fuel economy and emissions standards with California Air Resources Board (CARB) chair Mary Nichols and institutional investors.

As CARB chair, Mary Nichols leads California’s work with federal transportation officials on the next round of nationwide fuel economy and greenhouse gas standards – standards that will shape the auto industry through 2025.

Speakers discussed the findings of a recent Citi Investment Research report that shows the auto industry, and particularly Detroit’s Big Three, would profit more than overseas carmakers from strong standards.